Which coverage statement about Section 6 - Direct Compensation - Property Damage is incorrect?

Study for the RIBO Auto Equivalency Test. Learn with multiple choice questions and hints. Prepare effectively for your exam!

The assertion that the accident is covered if it occurs anywhere in Canada is not entirely accurate. Section 6 - Direct Compensation - Property Damage is specific to the province of Ontario and applies only to accidents that occur within Ontario. The intent of this coverage is to streamline the process of compensation for property damage sustained in accidents involving vehicles registered in Ontario. Therefore, while Ontario's Direct Compensation benefits are robust for accidents within the province, they do not extend to incidents that happen outside Ontario's borders. This context helps to clarify why the other statements regarding the insurer's licensing, the insured’s ability to collect compensation regardless of fault, and the coverage for damage caused by another vehicle within Ontario are indeed accurate.

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